Leminco Corp

question 12

Multiple Choice

Leminco Corp. has launched a specialized health drink for diet-conscious people. It wants to keep the formula of the drink a trade secret. Which of the following statements is true in this scenario?

• A) Leminco just needs to keep the trade secret secure, therefore no filing costs.
• B) The trade secret obtained will be bounded by a time limit.
• C) The formula of the drink will need to be disclosed to the trade secret issuing authority.
• D) Once the trade secret is obtained, competitors will be legally restricted from reverse engineering the product to create a duplicate.

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Definitions:

High-Speed Blenders

Advanced blending machines designed to operate at very high speeds, providing efficient and thorough mixing of ingredients.

Marginal Productivities

The additional output derived from the addition of one more unit of a factor of production, keeping all other inputs constant.

Electronic Pulse

A burst of electromagnetic energy produced by a sudden electrical charge, often associated with electromagnetic weapons or natural phenomena like lightning.

Marginal Product

The additional output that is produced by employing one more unit of a specific factor of production, holding all other factors constant.